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A IT Distribution Company in Hong Kong Gives a Bonus

Question 7

Multiple Choice

A IT distribution company in Hong Kong gives a bonus to salespeople that generate more than HK$180,000 in a single day. On average this happens 5% of the time. If the company employs 20 salespeople, what is the probability of paying exactly 1 bonus on any particular day (give as a percentage, 0 decimal places) ?


A) 37%
B) 38%
C) 39%
D) 40%

Correct Answer:

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